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Gunnison Copper Corp T.GCU

Alternate Symbol(s):  GCUMF

Gunnison Copper Corp., formerly Excelsior Mining Corp., is a copper development company. The Company operates in Cochise County, Arizona, and is focused on delivering pure copper cathode into the United States domestic supply chain. The Company’s projects include Gunnison Copper Project, the Johnson Camp Mine, and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits, in Cochise County, Arizona. The Strong and Harris copper-zinc-silver deposit is located just 1.3 miles (2.4 kilometers) north of Gunnison Copper’s Johnson Camp SX-EW facility. The Gunnison Project which incorporates a large open pit of predominantly copper oxide mineralization approximately two kilometers south of Johnson Camp Mine (JCM). The Project is a copper cathode and is designed to produce around 167 million pounds of copper cathode annually.


TSX:GCU - Post by User

Comment by Streicheron Dec 19, 2020 11:35am
263 Views
Post# 32146953

RE:RE:It`s all about AISC...

RE:RE:It`s all about AISC...Michael Haworth is a director of Min and also a Managing Partner of Greenstone Resources which owns over 47% of the outstanding shares of Excelsior.  Greenstone is a private equity company which says it is in for the long haul so I wouldn't expect any reduction of its interest just yet. Perhaps it may in a year or two when, hopefully, Min is a  mature copper producer. It will be looking at the 5 -10 year copper price forecasts with interest. At some time it will want to take money off the table. 

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